Skip to main content

About your Search

Book TV 49
Journal 42
Cavuto 29
( more )
CNBC 200
FBC 178
CSPAN2 136
KGO (ABC) 36
( more )
English 1461
Search Results 0 to 49 of about 1,504 (some duplicates have been removed)
dominance in europe. >> thank you very much for that. to talk about margaret thatcher's legacy here in germany, we are joined in the studio by our political correspondent, simon young. tanks for being with us. we know margaret -- thanks for being with us. we know margaret thatcher was in power at the end of the cold war, when divisions were eating -- ending in europe. she distanced herself from germany. how do germans view her? >> the tone in berlin has been very respectful. her sometimes add ms. terry -- her sometimes adversary helmut kohl described her as a wonderful woman and a great prime minister. he praised her as an early supporter of appeasement -- peace movement in eastern europe, which is interesting. while she backed mikhail coro child -- macau gorbachev, she was extremely -- mikhail gorbachev, she was extremely skeptical about unification. a lot of germans remember, particularly, thatcher's combative style, which they never warmed to. they did not like the idea of a politician who try to assert her vision and ideology, undermining or revolutionizing the whole economic ba
with the learning of europe in all its from ancient times and a nation which has valued the european vocation, to every century into the present when ireland holds for the seventh time the rotating presidency of the consulate ministers in our 40th year of membership of the union. be it our ancient dealting connections and connection with the european scholarship, are in our consistent support for european unity, we irish have been european in our cocis and commitment. europe has always had an existence in the irish mind, in our own gaelic language, the mythic stories of europe have always been present, and se of our modern plays recall the use that was made of the classical sources of greek and roman myths in the gaelic head schools that preceded the widespread use of the english language in ireland. theangue at preceded english had been deeply influenced by ancient european myths, particularly the great myths of sea and exile, such as that of homer's odyssey and in the areas of literature, of course the peoples of europe have had an old and enduring sense of respect for what is aultul divers
that's breaking just at the top of the hour. shedding the final march pmi manufacturing for europe coming in at 46.8. as you can see, the euro is roughly unchanged. some economies, the biggest ones have seen while they're still in contraction some improvement from the flash numbers two weeks ago. the euro is up about 0.1%. 1.28 is the level. markets perhaps don't have a worse tone keying off the session we had in the u.s. yesterday. let's dig into these figures a little bit and get a sense of just how we're starting the month off here. holger, i can run through some of these figures. we've got the pmi falling. it was 46. 6/. it was 46.8, just a touch better, but still, contractionary territory. >> it's basically fairly bad news what we had with the eurozone in terms of economic data. after a pretty good run which lasted until february, march has been a softer month. apparently the political volleys in italy and at the end plus some concerns about china seem to be weighing on sentiment going forward, at least, we learned yesterday from the chinese pmi, which has been up, these conce
ministry canceled that meeting yesterday. right. the dynamic duo is following mr. lew around europe. we've got jules over there and kelly is in paris. we'll get to you in a sec, kel. >> it's going to center around the idea of rebalancing and growth, given that's very high on jack lew's agenda. they're going to talk about the banking union and perhaps its trade between the eu and the u.s. the big question mark is what good is it going to do to germany? they've made that position very clear. last month, they preannounced their budget, added additional austerity and said they were going to balance the books a year early. so perhaps any discussion of slowing the pace of fiscal consolidation in germany is likely to fall on deaf ears, i have to say. and that message is not different. perhaps you could contrast what we've going to have in the discussion today relative to what we've seen in the last two years. this time, of course, it's not being done at a time of market volatili volatility. perhaps, at least we aren't going to turn around at the end of this and have comments or anger from the
seen these guys miss, it's been ages, but it felt light with europe and sequestration calling out for the weakness. okay. europe can bottom, sequestration, the damages might have been done already. this is a $80 million national we are talking about, it's consistency took my breath away within it got hammered. the dow jones united health, reminds us there is still plenty of risk to a held healthcare plight that is supposed to be winning under the new regime. oh? help from the banks? nobody cared for the numbers of bank of america, or fargo financial and slowing freddie mac, knocked back all of these stocks. come on, these are the big three. bank of america's number, once again, couldn't be fathomed. it sure seems more like a law firm at times than a bank. it's got so many lawsuits against itment at least their quarters weren't viewed as light as the two independent brokers, goldman sachs and morgan stanley, which haven't regained much of their footing and became two of the most disliked stocks in the market. at least when it comes to their book value. did anyone slash their foreca
among modern artists in western europe which were so remarkable they've been compared with the great advances made in science and technology at the same time. there's no simple explanation for why this period was so dynamic, nor was the dynamism confined to one center. although paris had long been the focus of modernism, it had its rivals in brussels, barcelona, and munich. but it was a time of growing tension in western culture, of continued rapid industrialization, of imperialism abroad and rivalry within the states of europe, and, at the same time, scientific breakthroughs, which not only questioned our way of seeing the world, but the very nature of reality itself-- planck's quantum theory, einstein's theory of relativity, freud's work on psychoanalysis. it was in 1900 that freud wrote his interpretation of dreams, a prophetic work in view of the tragedies of modern western history. freud wrote and published it here in vienna. vienna, 1900, was one of the intellectual and artistic centers of europe. in tracing modern art's emergence in the 20th century, vienna embodies, perhaps m
investors liked it when they tried to figure out how to calm investors. so what europe really needs to come up with, and you can expect jack lew to make this point, what they need to come up with is a clear mechanism for how to deal with these countries struggling to find growth, but also how to send the right message to investors with regard to who is going to be on the hook and how in these future bailouts or bail-ins. now, the portugal issue is raising questions. there's reports even that one way that they might have to introduce methods of paying their civil servant sess by using the government's own t-bills. at the same time we've questioned whether a cypriot is the same as a german you euro. now germany is devaluing its own internal currency because it simply can't afford to stay on the project at these current levels. the country is still shrinking. the real question for portugal and the reason why markets are concerned is suddenly this raises questions about whether they'll be able to return to market. they were supposed to get some kind of agreement from the euro group potentially
. people would sell all of the dividend players. europe, after some months of call was back on the red hot, sizzling griddle. you know what that meant? italian bonds, spanish bonds. here is a litany of banks about to have runs. fourth him of the debt ceiling was going to derail our economy for certain, even if we manage to solve the fiscal cliff and the sequester lurked ominously. no matter what deal the politicians made. these would have course throw us off track and cause much higher unemployment. finally, four months ago, fourth quarter earnings, the reports were right around the corner and they were supposed to be, yes, nothing to write home about, or maybe worse, particularly the worldwide slowdown that europe seemed to be mandating, we could have huge downside surprises and the last time we had some pre-announcements -- wait a second. what actually happened? how about we had the best first quarter in 15 years. how is that possible? i think it's because the market has changed its animals. i'm not kidding. investors stopped being scared of washington or europe or earnings shortfalls a
stool is they are saying europe will change its outlook on austerity. here's the truth. you have a 70% beat rate. we are 20% through s&p earning. that's not bad. on top of which there is a 16 multiple. it's not the 12 multiple we were at but it's not where the bull markets end which is more like 17 or 18. if you want to hang your hat on something, the divergence is resolved to up the side, earnings beat rate is healthy and price to action is better than i thought it would be. >> steve, are you agreeing? no guidance, lowering from companies like johnson controls, i will fois tool, ingersoll rand. you have industrials participating. are you a believer or not? >> it's a glass half full market for sure. it will continue that way. the negative side isn't being focused on. let's not forget g.e. in the core businesses were down mid double digits in the teens. look at packard, they missed. arch cole missed. there is plenty to go around. the german economic numbers showing recession. china pulling back. that's not where it is. where it is now is people believe that dragee will come out and eas
to make remarks on the financial markets that are going well in europe as you all know. [laughter] i will be brief to have time for discussion and therefore i just want to say we all remember the crisis that started in the united states in 2008 and in 2008 we all agreed it will never happen again. we have to learn our lessons. the summit to london and pittsburgh and a two the g20 meeting today in boston. we have made a lot of progress in doing this since then. we agreed that the reason -- there are three reasons. too much -- too much liquidity in the financial markets and too few regulations. those are the three main issues we are working on and i think in the regulation markets we made a lot of progress in the last couple of years. i will not mention in detail all that we have achieved that we have achieved a lot. it is not enough. in liquidity in the financial markets we have a little bit different opinions all over the world. that is the reason i'm a little bit late. [laughter] and we have to continue the discussion. what we learned in europe and the rest of the world, europe is v
it believes hundreds of radical islamists from across europe are in syria right now, and they are worried that they could pose a serious threat to security here if they return. >> syria's civil war rages on for a third year, and a growing number of islamists from europe are joining the number of rebels fighting to topple the assad regime. german federal police say it is the same development they observed in the afghanistan war. >> we are not surprised we are seeing young germans in syria. also fighters from france and britain. we think there are some 40 to 60 fighters who come from europe. >> experts think the number of radicalized european fighters in syria may even run into the hundreds. they are smuggled into the war zone by professional recruiters. islamists active in syria are financed by backers in countries including saudi arabia. >> they are not booking their tickets at travel agencies. that is clear. there are middlemen who are of arranging the strips. >> what alarms terrorism experts most are calls for the volunteers to return to their home countries including germany after serv
parties are shaking up the traditional political landscape across europe. in times of economic crisis, a growing number of voters tend to identify with popust slogans. in italy, that a grid of -- beppe grillo's 5-our movement calls for an end to austerity. in britain, the u.k. independence party blames the eu for britain's current problems. skepticism towards the european project does have a long tradition in the u.k., but it is growing, especially in rural areas. in the upcoming local elections, the party could be a force to be reckoned with. >> for many residents of the small market town in central england, home is where the heart is. but not everyone would go as far as this town councilor. every day, the man turns up at the public toilets to clean them himself. before the party got on to the ramsey town council, the climate's would close on cost- saving grounds -- the toilets were closed on cost-saving grounds. peter reid says like all counselors, he believes in rolling at his sleeves and getting on with it. ramsey is britain's first ukip- led council. reeve is a relative newcomer
and brussels. >> how is mission europe going down? for more, we go to our chief political correspondent, melinda crane. tell us more about his reception. >> it was friendly. the chancellor definitely praised the steps taken so far and she welcomed and wished letta a lucky hand for the sake of europe and germany. she was quite firm and made it clear that germany would be sticking to their guns as far as the need for continuing to cut back on that and get finances in order. mr. letta also is saying that he does want the governor in harmony with germany saying that he would be asking the chancellor to share some of her experiences as to how to manage a grand coalition. she had one in her first term of office and he has one now. he was also staking out to rein saying he expects europe to be more proactive in terms of growth policy in the future. >> it sounds like he's not planning to deviate from the austerity course. >> there is recognition here that the italian coalition is fragile and there is recognition that berlin is looking increasingly isolated facing criticism not only in rome and
of the agreements? >>> still to come on today's show, first half results were hit by the slowdown in europe. >> plus, the spanish market is clearly the biggest and most profitable for us. and there it's about keeping focusing on the total tobacco portfolio, cigarettes, ashes and cigars are very big for us. we have to keep the photo right for the conassumeser. >>> softbank posted a nearly 8% drop in earnings earlier today. >>> and after last week's fake tweet sent stocks tumbling renewing fears about high frequency trading, we'll discuss the power of speed versus the merit of liquidity. >>> and the fed begins a two-day meeting today. we'll take the pulse of the u.s. economy. he says bernanke won't pull the plug on qe3 any more soon. find out why. >>> and pfizer releases its first quarter earnings before the bell. analysts are optimistic. we're going to preview those numbers by the end of the show today at 11:50 cet. first, plenty of focus on the banks today. ubs up 6%. deutsche up over 8%. lloyds up 5%. all of these banks today beat forecasts. we'll go through the numbers in ten minutes. we'll hear f
, and in europe, and what i wanted to say, we are the member -- [inaudible] we all know the summit in london , up to the meeting today, and we have made a lot of progress. we agree. [inaudible] too much in the european markets,. it is three main issues we are working on. i think in the open markets, we made last couple years, and that is not. in liberty, finance, and marks, we have a different opinion. aits issue as of late. we have to continue in this country. what we've done in europe, and bond markets, banking. [inaudible] financial markets and it is a very -- [inaudible] everyone at peace. [inaudible] to build by 17 sovereign benefits, you really think it would be easy to get it. it's not easy. i am quite convince the if i go to the meetings in a global level, imf don't know what else, but we have some form of some kind of new global governments. i bet we are not yet. we are in the beginning to find better, and in this dimension, maybe a very difficult way, complex way of european integration in the last 60 years. it's been a major success. it may be in some way, to go on, billing more origin
in europe as you all know. [laugh i will be brief to have time for discussion. therefore, i just wanted to say we all remember the crisis, by the way, started in the united states, the so-called lehman problem in 2008. and in 2008 we all agreed it will never happen again. we have to draw lessons, we have to learn our lessons from the washington summit to london and pittsburgh and toronto and up to g20 meeting today this washington. in washington. we have made a lot of progress in -- since then. we agreed, all, that the reasons were three reasons. too much public indebtedness, too much liquidity in markets, financial markets, and too less regulation. those are the three main issues we are working on again and again. and i think in markets we made a lot of progress in the last couple of years. i will not mention in detail all what we achieved, but we have been, achieved a lot. that is not enough. in regards to indebtedness and liquidity in financial markets, we have a little bit different opinions all over the world, to be very frank. that is the reason i am a little [lghter]. and we have
went on. europe weakened badly. ge is the most high profile earnings miss on the industrials. it's another $200 billion company let us down. the ample dividend, the fact it's likely to get a boost does make me say the stock is worth sticking with and my charitable trust which you can follow along on is buying -- well, bought some after the break. it still stung, believe me. united technology is another stinger. another charitable trust name. it finally seems to be stabilizing after another, after a quarter -- i've never seen these guys miss, it's been ages but it felt right with europe and sequestration called out for reaso reasons. europe can bottom. sequestration, the damage might have been done already. its consistency is so legendary it took my breath away when the stock got hammered. the largest health maintenance operation in the country, dow jones component united health, they missed hugely. reminded us there's still plenty of risk to a health care play that's supposed to be winning under the new regime. oops. how about the banks? nobody cared for the
's a mixed start to the training session in europe. we have split decliners and advancers. more in the red this morning. now, tomorrow we have a couple major events going on in europe. we have the european central bank. we have the bank of england and bank of japan starting its two-day meeting today. as we wait for markets they are searching for direction. let's look at major european here. ftse has been telling to watch. it started down by 0.2 of 1% but it has taken more stocks across europe into red. down 0.8 of 1%. ftse 100 down. it was a tone and markets even though we had seen underperformance in the u.s. today we are seeing more red across europe. moving on, let's look at bond markets as well. today spain is catching a bid. interesting move and surprising to see just how far this yield has fallen in the last few sessions back below 5% to 4.92. italy flipping into the green falling despite the fact we have no government formed in italy. we'll look at a major move in the italian market today in terms of that moleskin ipo. the yen weakening a little bit. 93.5 is that mark there. the aus
years of the reign. the most famous formal garden in europe, with its rigorous geometries of terraces and staircases, its regular parterre, gave way gradually to a greater informality of trees and fields, not merely because it was so expensive to keep up, but because a new attitude to nature was developing-- more sentimental, intimate, romantic. the mood of this moment is captured in a painting done not long after louis' death-- antoine watteau's departure from the isle of cythera. a group of courtiers prepares to leave the island of love. the painting signals the new attitude-- more informal, poetic, and often amorous. in this paradise of cythera, there are no restraints, and nature is free and unconstrained. it was a time in which the argument over nature, exemplified in the idea of the garden, was a serious debate. it was in england that this different attitude to nature arose. the informal, spontaneous, picturesque english garden was seen as an expression of english liberties. the geometric french garden was seen as a reflection of their authoritarian government. in the microcosm
. more horse meat labeled as beef in europe. >> g-8 foreign ministers in london condemned north korea in the strongest terms possible and promised more sanctions if they do not back off the nuclear rhetoric. >> they discussed syria but not a lot of progress there. the group remained divided on the best way forward in ending the civil war. >> but they agreed to back a star powered u.n. bend to use rape as a tool of war and ethnic cleansing. >> angelina jolie attended the meeting to promote an urgent cause. the hollywood star and u.n. special envoy was invited by william hague to appeal for action against sexual violence in the world conflict zones. >> rape is not a woman's issue or humanitarian issue. it is a global issue. ask it belongs here at the top table of international decision making. >> the g-8 countries pledged 27 million euros to provide support to rape survivors. after the actress left the building the summit turned to the crisis on the korean peninsula. the latest round of rhetoric from north korea is threatening to destabilize the region. the foreign ministers issued a jo
in europe next season. there was a clash between the and theys and another, prevailed due to their striker, the score a hat trick and a four-point win. few chances no goals. they are now five points outside the top six. a fight saturday, against relegation. an agreement has had a shocking one. things did not improve. this put pressure on the embattled court of greenland. >> the fans might still be behind him, but the coach of 14 years has never been under such intense scrutiny. his team did him no favors, when one brought down city. the referee appointed to this spot. stepped up to put his side in front. they fought back, but without success. this is the closest they came to a goal. they wasted a series of choices. the break.ust after in the end, they were lucky to only be some. the team is dejected, the coach frustrated. anyone who thinks they can do better should do so. that is not the problem, and the board knows it. i know it. i intend to keep on fighting. thehile they struggle on, others are on track to qualify for the chip indeed. >> the situation could not be more different with a c
the society in europe. the arch of the dutch golden age. 17th century travelers visiting holland remarked on the number of artist. typically western european artist on the monarch and the nobility as well as the very wealthie catholic church. an open market to a wide clientele that arranged from variety of merchants. it displays a modern domestic rather than extravagant or royal setting which it was carried. emily who is the director of the morris house. the expansion which i will talk about in an a little bit will give it more space. for the collection there is a limited pictures they can acquire but too large for the building. so where do the paintings come from? how can they be there. this is an exceptional and remarkable museum. this splendid 17th century city palace was constructed between 1633-1634 next to the dutch government. i was told the prime ministers office was still there. it was named for the building's first occupant. the countel elevated to prince and appoint commander and chief in the states army in 1668. the dutch they purchased an outstanding example of this archit
and one of europe's largest slum cities. -- european politicians discuss new measures hitting the bees. there are other things like , thement weather or pests landscape changing somewhat in new agricultural policies, and also less bee-friendly gardens. there are a lot of things going on. are something to be taken seriously. it is just if there is enough evidence to take this as an issue. take it as a given that the pesticide is banned, what happens next? luis e a reversal in the decline of bee populations -- will we see a reversal in the decline of bee populations? >> that is exactly what people are wondering. if we did take this step, would it reverse the decline in the bees. the evidence is not strong enough for many governments to agree to take these insecticides off the market. it should be noted that these insecticides were just going to be taken off the use -- it would be made illegal to use on crops which are flowering, or crops which attract bees. they would still be widely used for other crops that are not attracted to bees. i think this is really the issue. some countries bel
in europe with the eurozone crisis and the u.s. with ben bernanke in the federal reserve. i feel a lot of the books that were written in 2008-9 capture that very intense and remarkable crisis. the starting point and try to capture how the story went from there and the entire arc of this last several years. >> host: how long did take? >> guest: in some ways i have been building ideas census data coming to the federal reserve in 2007. i started on the fed be about one week after -- actually the first scene about the first direction of the buck. it's all my fault. august 9th 2007 is where i start which is the first day the european central bank intervened to prop up the european banking system. we got through that. i would not put the two together at the time, but from that point on i had been gathering ideas and france and trying to have seeped through what it all mantegna's of its series a thinking about a book in late 2010 and series reporting of the book started in two dozen 11. >> host: the cover shows, you looked at a number of central bankers, not only ben bernanke, but also mervyn
. >> let me take a second to think here. as a child and teenager, i lived both in europe and asia. in the late 1950s and 1960s. i think the place that impressed me the most is singapore. i recall leaving the u.s., i think it was kennedy, flying on panam. and ending up in singapore. >> it was a boeing plane. >> it was. there was no airbus, my friend. >> those were the good days. [laughter] a you can tell that it needed lot of work. i'm happy to report that a lot of work was done. it looks fantastic when you go today. it is state-of-the-art. now you can board an airplane as singapore happily and travel back. there is a different feeling than you had four years ago. it is we that we need the work. i think there are a lot of challenges that need to be met. i'm also confident that they can be met. if we have the political will. that is a contrast -- the contrast. financialthe global crisis, i think that people around the world, model market economy, so forth, it has gotten a little kicked around based on the financial crisis. how does that change from your perspective our country's abi
's in europe with the eurozone crisis that is endangered that continent or the u.s. with bernanke and the federal reserve so i view a lot of the books written in 2,002,009 that capture that intense remarkable crisis at the starting point and try to capture how that story went from there and over the last several years. >> host: how long did it take each do this? >> guest: in some ways i've been building ideas and i came to the federal reserve in 2007. i started on the fed beat a week after what was the first introduction in the book. august 9, 2007 is where i start the first day of the european central bank intervened in the banking system. we got through that and no one put the two together at the time. from that point on i have been gathering ideas and trying to think through what it all meant. i started it in late 2010 and started reporting on the book in 2011. >> host: the cover shows you looked at a number of federal bankers not only ben bernanke but also mervin king in the u.k. and jean-claude per se and the central bank and the japanese and some of their successes. let's ta
wagging. they are the tail there and it's not wagging. >> iphones in europe -- used iphones are selling for over $1,000 in europe. >> i want to sell that person some real estate, okay? >> what people don't understand about the apple phone, it's a computer and they have missed the boat with the larger screen. when they get on board, second half of story, larger screen, then the stock is going to scream to the upside. >> tell white house you think won the debate. tweet us at cnbcfastmoney. we will have the results as we always do at the end of the show. >>> well, the markets have been celebrating rourd hie ining rect everyone is feeling so yeuphori coming into the second story. kate kelly has this story. >> the s&p may have been up 10% for the first quarter but the average hedge fund was up 3.3% according to preliminary numbers from marm lynch. that's partly because they sold stocks and ♪ s&p and nasdaq 100 and put money into commodities and u.s. dollar. the report says, causing no m. to miss the stock rally or have less exposure than they might have. one trader who found himself in the
some of those techniques. and about eight years ago, i was in a conference making a speech in europe, and somebody asked me, what are the drivers of global change? and i gave an answer that i thought was adequate, and -- i thought it was a little better than adequate. but when i got on the plane to fly back to the u.s., that question kind of nagged at me a little bit, and i took out my computer and started outlining a better answer. and that ended up becoming something of an obsession. a couple years after that it turned out that the outline had some value in the real world. i had cofounded an investment company called generation investment management, with my partner, david blood. i wanted to call it blood and gore. [laughter] >> and i -- [laughter] >> i hope you won't think less of me when i tell you i really did want to call it that. [laughter] >> but we used this outline as a one of the influences for our investment models, and it has worked pretty well. and a couple years ago it had green to be so elaborate i decided to turn it into a book. so i had a scoping exercise with some
this transition to the euro. this has been about creating in spain a united europe has its own currency. that's his life project. he is in many ways the veteran crises later. he was called the paris club, working outside of latin america and other emerging markets in the late 80s early 90s. it's in his bones. he's a negotiator, an arm twister can get a deal done when it needs to be done. ben bernanke are ervin king is a skillful maneuvering operator. >> host: bernanke cut interest rates aggressively at the beginning about transit dollars of bonds. the european central bank has been less aggressive. t. think that's a different view? >> guest: does much deeper. part of his framework under which it is created has been around since 1998. the theory is european countries don't have a strong tradition of stable money. countries like france and italy and spain and germany, which has very much a tradition is the 20th of stable money and mobilization. there is a desire to bring the german central bank so a lot of the ways it is that is a single mandate to maintain under 2%. >> host: the fed has to wor
of a german immigrant who encouraged him to go to europe to continue to do train because of the color line that existed in new york for people who want to study at the conservatory. in 1894, decades again before black americans began to expatriate themselves to pari mostly after the first world war, frederick koch on the boat and bought a ticket and went to london where he hoped to enroll in the music school. he failed to enroll. when first discovered that i thought he had encountered an unforeseen color line as well but it turned saugh -- out that england was colorblind with regard to people of african in origin. they were racist but not to those whose roots were from africa and iran anti-semites and treating patients for lease of the only white people in england or france where he went next who had any kind of bad reaction to seeing black people in public were visiting american interests. and i found the letters to the editor written by americans who were out fancy restaurants in london in 1895 complaining a mixed-race couple was having meals and nobody thought there is anything wrong wi
headlines from around the world. stocks in europe firmly in the green after the nikkei on surges to its highest level in five years. this after the dollar/yen nears 100 and more than 50 companies in the japanese index report earnings this week. >>> shares in phillip falls after it warnings it expects a weak first half. but ceo tells cnbc his turn around plan is on track. >> i reiterate the unlocked potential in those markets is substantial. >> and george neapolitano wins a first ever second term as an italian president. shares rallying on hopes he can end the stalemate. >>> and charges will be filed soon in the boston bombing. investigators reportedly begin questioning the suspect about the attack. >> and i'm ross westgate. after a weekend with china's leading entrepreneurs, we'll find out why they consider the last ten years to have been something of a lost decade. >> ross westgate, not with me on set. he's out in hong kong. he's been a busy guy, as well. ross, perhaps you can give viewers a sense of what they can expect from this special china edition of the show today. >> well, look,
, sell. all of the dividend player, europe, after months of calm, was back on the red-hot, sizzling griddle! you know what that meant? italian bonds, spanish bonds, a litany of banks about to have runs. or the debt ceiling was going to rerail our for certain. the sequester lurked ominously. no matter what deal the politicians made, these would, of course, throw us off track and cause much higher unemployment. [ baby crying ] finally, four months ago, fourth-quarter earnings, the reports were around the corner, and they were supposed to be, yes, nothing to write home about. [ beeping ] or maybe worse, with the typical worldwide slowdown europe seemed to be mandating, we could have surprises, and then we had preannouncements -- well, wait a second. what actually happened? how about we had the best first quarter in 15 years. how was that possible? i think it's because the market has changed its animals. i'm not kidding. investors stopped being scared of washington or europe or even earnings shortfalls and they decided to embrace the future, not spurn it. they became like ulysses and
, artists and architects all over europe flocked into rome. they came to design and ornament the churches that were built in the explosion of activity inspired by the counter reformation. the church reformers called for works of art and architecture that would bring people into the churches, inspire faith and religious commitment. an artistic revival resulted, and a new style. it was an exuberant style reflecting the optimism and assertiveness of the 17th-century church. this style is known as the baroque. the fresco on the ceiling above our heads was painted by pietro da cortona in the 1630s. it decorates the reception hall of barberini palace in rome, home of pope urban viii, a great patron of the arts. to the modern sensibility, molded by the notion that less is more, it may seem decorative and confusing. a careful look at this work, done at the height of the baroque period, reveals a well-thought-out design based on a written plan. when urban looked up at his ceiling, he saw the figure of divine providence stretch her arms to a chorus of maidens who carry his family emblem, the barber
interview they say it's time for the state to shift away from local financing. >>> stocks in europe are declining turning unexpectedly lower in the session today after falling wall street's bounceback. the tech center could come under pressure as well. intel and yahoo! reported so-so first quarter results. >> frankly there are better opportunities to invest capital elsewhere and get a better return so regrettably we decided that we're pulling out of the u.s. >>> welcome to the program. there's no ross wessgate on set. he's at margaret thatcher's funeral. we'll have coverage leading up to that 11:00 here in london. in the meantime, we are keeping an eye on the markets. we want to draw your attention to moves that we're seeing now. german market down 4.3%. we see the ftse down in a range of half to three-quarters of 1% and a session started strongly this morning following the rebound we did see in wall street and asian markets as well holding up reasonably firm today. so just going to take a look now across the board at some of the weakness that we're seeing. europe stocks dropping 0.
. >>> stocks in europe are starting higher. the fed has been continuing its dovish approach and the ecb could be cutting rates. >>> plus, jpmorgan, the latest management shake-up as the bank is trading up. >> you're watching "worldwide exchange," bringing you business news from around the globe. >> welcome to the start of a new week here on "worldwide exchange." kelly is off today. we've got the fed, the employment report out of the united states and what the the ecb do? today we're focusing on italy as they try to bed in the new government. if you have any thoughts or comments, e-mail us, >>> the italian prime minister and his new cabinet were sworn into office yesterday. the new add men administration is comprised of technicians and technocrats from the center right and center left. the former deputy of italy's central banks marney will be the economics minister. the new government is expected to pass a confidence vote at 3:00 p.m. central european time today. one piece that remain necessary a serious condition in hospital after a gunman opened fire in a square near to w
they maintain their edge? >>> welcome back tos with was. these are your headlines. stocks in europe recovering from the worst day in nine months. performance from basic resources amid concern about declining commodity prices spp fear of falling demand for iphones and ipads is veding to asia where shares of apple suppliers itemeled. >>> and voting on the next italian president gets under way in rome with bersani and berlusconi backing the same candidate. >>> plus, we're live at the russian forum in moscow amid rumors of divisions . >>> first, the market has been waiting on uk march retail sales figures. those are now out and they show a decline of 0.7% on the month versus the forecast of 0.4%. you can see sterling weakening on the back of that. that leaves them down about 0.5% on the year. for the quarter as a whole, we are seeing a decline in the fourth quarter. nonetheless, a somewhat softer than expected report. many saying sterling looking comfortable. it's been punching above its weight i think is how citigroup put it. still, not a major move this morning. it's just slightly negative. let'
.s., europe, china, commodity costs, new menu items. the stock which you well know has managed to ignore at least to now same-store sales comps that are getting lower and lower over time. we'll talk about all of that over the next hour. a big show coming up from suburban chicago here at mcdonald's. >> can't wait you to watch you making an egg mcmuffin. >> egg whites. >> when you go into a diner. i'd like an egg white omelet. i don't know if we can make that. how many will he be making? >> you have to make it many, many times and very quickly, all part of the mcdonald's story. >> all right, carl. we'll be checking in with you very shortly. let's get to the futures and they are moving to the downside. gdp came in lower than expectations which all had been ratcheting up in recent weeks above the 3% mark. some of the europe stock markets are on track to break a five-day winning streak. you can see a lot of red there as we look throughout the eurozone. u.s. economic growth regaining speed in the first quarter, but not as much as most economist his expected, raising fears that the economy migh
forward. >> definitely. and i think that to think about all the countries in southern europe. there is a lot of funding to do. if you put more rates into the funding, obviously, the rates will be higher and etcetera, etcetera. that, again, will move into the credit crunch in southern europe. >> where does that leave us with the deficit plan? are you saying economic growth will be weaker than expected? >> in spain, yes. you know there's a negotiation going on right now between spain and the european commission. and the commission wants the 5.5%. the point is simply when you do a fiscal tightening, which is being done in spain which is very risky, and you have a credit crunch at the same time, your economy is affected very badly and then the impact of your fiscal tightening is not that big. >> everybody has come out and acknowledged that the supply is wrong and we have no way of adjusting it. they come out and acknowledge this and can then keep piling on the same medicine. i don't understand. >> no, i agree with that. and i think what you would like to do is extend it at the en
volume was up 11%. no surprise southern europe was the biggest market. and finally, bayer up less than 1 is% at the moment. they did miss analyst forecasts. strong demand for pesticides off set by high raw material costs at its plastics and chemicals unit. we will all be speaking to the ceo at the end of worldwide -- we're extending the show slightly, fought long, five minutes, just enough time to speak with marijn dekkers. italy, 4.056%. on tuesday, we hit that low we hadn't seen since 2009. spanish yields are ticking higher, as well. and we'll keep our eyes on this in the next sort of 13 minutes. 10-year gilt yields, 11 of 68%. pretty well contained. did britain officially get a triple dip recession or not? we'll find out. and quick look at the currency markets, firmer at 1.5290. can't quite break through the hundred level there. euro/dollar, 1 is.3041. that's where we stand in europe. let's get out to singapore. sixuan is with us. thank you, ross. most asian markets in the green today as higher commodity investors helped risk appetite. sentiment getting a list from south korea's q1 gd
in resource operations. nomura has been trying to trim costs in profitable regions like europe while building its reputation at home in the wake of an insider trading scandal. jim mccafferty with cib securities, good to see you, jim. thanks for joining us. look, good numbers at nomura. it's all on the back, of course, of the abe trade. is everyone made the same sort of numbers, you think? >> well, i think if you think about nomura's domestic decision in japan, it is the biggest provider of retail stock broking services. it has a huge distribution network. it has cut its operations in new york, cut its operations in institutional business and for the jab niece market up 40% this year, it hardly surprisingly is making money. >> yeah. as far as the sort of momentum indicators on earnings, as well, what do you -- what do you focus on? how do you see it going? >> well, what we've seen right now in asia and cimb covers a thousand stocks in asia ex japan including australia, we track every week something called an earnings momentum indicator. across these nine geographies, we saw it last week for th
about how the economy is more resilient because people are seeing what is happening in europe and they're seeing the way things are sort of unfolding and the large, emerging markets and the problems coming to the floor and realizing that maybe the u.s. is not that bad of place. >> bottom line you point out in chart number three, if you look at the percentage share of world gdp, what you see is the big story at the end of the day, over the last, you know, 25 years, emerging markets go up, u.s. down a bit, europe down, japan down, but here's the interesting part. you point out over the last few years the u.s. share has been stabilizing and flat lining where europe and japan are declining. >> that's right. the last year was particularly interesting. for the first time since 2003 over the last 12 months, the u.s. economy has grown at the same pace as the global anch. therefore its stabilizing. now this is happening for two factors. one, the rest of the world is doing quite poorly, including emerging markets. the growth rate in emerging markets has come down from 7.5% to 4.5%. still growing
roosevelt they understood he did not do everything possible to persecute the jews of europe but day understood he was vastly better in his position at home and better for his position than any other world leaders including churchill to talk to lots but didn't do anything for the jews and was bad for immigration and policy even after the concentration camps were repealed jews were continued to revere roosevelt even with his policy did not emerge in tall much later after critical books are written in the late '60s. >>host: professor allan lichtman was there an opportunity in the '30's to change your of fact what was about to happen in germany? >> it would be very difficult to change the course of events. hitler had his own plan for world domination, his hatred of jews and persecution and slaughter was not a secondary that was primary to his ideology and his approach to the world people wondered why in the world with tens of millions dying and the fate of the world hanging in the balance why would they divert resources simply to hunting out it was hard for americans to understand but t
Search Results 0 to 49 of about 1,504 (some duplicates have been removed)